By  on December 2, 2008

Political demonstrations that have closed Bangkok’s airport for almost a week and traumatized Thailand’s tourism industry promise to derail retail profits and curtail the country’s economic growth.

Retail sales grew 5 percent in the first six months of 2008, but could come to an abrupt halt amid the country’s political unrest, Ian Gisbourne, head of research at Phatra Securities, said in a phone interview from Bangkok.

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